There are no rules. Why even have all of this? Naked shorting continues, dark pool trading is out of control. EVERYTHING is set up for the institutions and the super rich to get richer, and the retail investor to be left holding a bag. The institutions are allowed to continue to gamble recklessly and get bailed out when it doesn’t go their way. There needs to be real change in the system to be
Reporting partial short interests does nothing but mask the trickery of hedgies. A good rule change for FINRA would be to report from ALL exchanges both lit and unlit. Get rid of T + 2. Provide exact real time interest charges. Hopefully the SEC would ban naked short covering with options or ban naked shorts entirely. Basically level the playing field between Wall Street and retailers. If we can’
The short selling as a business action to "bet" against what is considered a failing business is understandable. It's when a company uses various tricks in the market to create more shorts than should actually exist, IE naked short selling. Various people that are not apart of the regulatory system have proven such naked shorts exist and yet the system set in place does nothing to
There is no reason all data from the stock market including short data isn’t transmitted in real time. This isn’t the 1920’s and also “family office” is a sham. It was created in the early 20th century and the rules governing them have never been updated. They should report like everyone else or be used as shells for market makers to hide short positions. Options should never be allowed to
For far too long the stock market has been tilted/manipulated in favor of Wall Street. The issue is naked short selling. Despite being made illegal after the 2008–2009 financial crisis, naked shorting continues to happen because of loopholes in rules and discrepancies between paper and electronic trading systems. More often than you think great companies such as Clover Health. Clover Health was
1. T+0 settlement 2. Market Makers cannot be hedge funds. 3. Stock in hand rule ie short seller must have found and received stock before it can be shorted. 4. Public list of every entity which short sells a stock. 5. Maintenance requirement to short a stock to be cash only with zero marginable securities used as collateral. 6. Fine for Naked Short Selling enhanced to 1000% of stock's value
Hello, I would like more transparency when it comes to reporting short interest. Right now short interest doesn’t account for naked shorting which is illegal but still being done and the data’s does not always reflect the current state. Every platform charge a subscription fee in order to view short interest which should be available just like every other data. Short interest from ortex, fintel,
I have held stock in both GME and AMC since January. I watched as the GME stock was manipulated by several Brokers when they all removed/limited retail investors ability to purchase stock but allowed selling. This resulted in a " Flash Crash" of GME price. Since then we have watched Companies use shorts/naked shorts to manipulate the price of both AMC and GME. There seems to be a
How about proactively tracking and eliminating naked shorting practices? Naked shorting is illegal but it's certainly not stopping hedge funds from doing it. The benefits of bankrupting a company are obvious and known. Give us a level playing field and be the Robinhood we need. We had enough with the oppression!
I have no problem with shorting a stock. I do believe that is healthy for the market. I’d like to see naked short selling have much more severe penalties. Penalties that would make institutions think twice about doing it. Naked short selling is killing retail and leaving a huge black eye on our beautiful capitalist economy. It’s no secret that it’s done, it’s done on such a massive scale that I
